Rain Affected Brazil’s Vale Do São Francisco Grape Production, Prompting Price Increases in W5

The recent heavy rainfall in Vale do São Francisco/PE, Brazil, has posed challenges to grape production. The harvested fruits are of lower quality, resulting in a decreased volume available in the market. This has directly influenced prices, with BRS Vitória being negotiated at USD 2.92 per kilogram (kg) in W5, marking a 3.7% week-on-week (WoW) increase. Meanwhile, the white seedless ARRA15 is traded at USD 2.89/kg, reflecting a 5.6% WoW increase.